In 2025 the Committee for Adelaide will set out to facilitate a series of ‘Insight Roundtables’.
Our first focus area was ‘Fostering Innovation & Risk Taking’ – an issue that is critical to boosting productivity and unlocking the economic complexity and investment potential of South Australia and requires cooperative effort across all sectors.
Aligning with the Committee’s key pillar of ‘Accelerating Growth,’ this first roundtable brought together senior leaders from across our membership, along with key government representatives, innovators, and investors, for a frank and honest discussion on how we can encourage and support innovation, risk taking and investment across the South Australian economy.
Some key take-aways from the discussion were:
- Promote South Australian success stories
- Lean into our existing innovation places and 10-year plan to unlock innovation infrastructure.
- Promote and utilise existing R&D and incentive programs.
- Build the support system and capability director for local innovators and start-ups.
- Embrace failure and setbacks; fail fast.
- Build an entrepreneurial mindset across the economy
- Utilise our size and scale to support and accelerate innovation
- Work with academia to accelerate commercialisation of IP
